Edenred SE (HAM:QSV) ROCE %: 31.60% (As of Dec. 2025)


HAM:QSV Edenred SE HAM:QSV
93 GF Score
Price €22.02
GF Value €43.22
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Edenred SE ROCE %?

Edenred SE HAM:QSV -0.94% 93 ROCE % is 31.60% as of Dec. 2025. GuruFocus rates HAM:QSV with a GF Score™ of 93/100 and a GF Value™ of €43.22 (Possible Value Trap). The stock has 4 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Edenred SE's annualized ROCE % for the quarter that ended in Dec. 2025 was 31.60%.


Edenred SE  (HAM:QSV) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.


Edenred SE ROCE % Related Terms


Edenred SE ROCE % Historical Data

* Premium members only.

The historical data trend for Edenred SE's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Edenred SE ROCE % Chart

Edenred SE Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.60 25.00 21.44 26.63 29.76

Edenred SE Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.69 26.60 31.69 26.90 31.60
HAM:QSV
93GF Score
Edenred SE HAM:QSV
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Edenred SE ROCE % Calculation

Edenred SE's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=958/( ( (13266 - 9861) + (13568 - 10534) )/ 2 )
=958/( (3405+3034)/ 2 )
=958/3219.5
=29.76 %

Edenred SE's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=1008/( ( (13325 - 9979) + (13568 - 10534) )/ 2 )
=1008/( ( 3346 + 3034 )/ 2 )
=1008/3190
=31.60 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 31.60% mean?
Edenred SE (HAM:QSV) has a ROCE % of 31.60% as of Dec. 2025.
Is Edenred SE's ROCE % too high?
Edenred SE's current ROCE % is 31.60%. The Credit Services industry median ROCE % is 3.46. Edenred SE's value of 31.60% is 813.3% above this industry median. Overall, Edenred SE has a GF Score™ of 93/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Edenred SE's ROCE % compare to V and MA?
Edenred SE's ROCE % of 31.60% can be compared against companies in the Credit Services industry. The industry median ROCE % is 3.46. Edenred SE's value of 31.60% is 813.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Credit Services company?
The median ROCE % among Credit Services companies is 3.46, based on 416 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Edenred SE's current ROCE % of 31.60% is 813.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Credit Services industry, the median ROCE % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Edenred SE's current ROCE % is 31.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Edenred SE stock overvalued right now?
Based on GuruFocus' analysis, Edenred SE (HAM:QSV) is currently considered Possible Value Trap. The stock's GF Value™ is €43.22, compared to a current price of €22.02 — trading 49.1% below its estimated fair value. The current ROCE % is 31.60% and 813.3% above the Credit Services industry median of 3.46. Edenred SE's overall GF Score™ is 93/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Edenred SE (HAM:QSV), the current ROCE % is 31.60% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Edenred SE (HAM:QSV) Overvalued in 2026?

Based on GuruFocus' analysis, Edenred SE stock appears to be undervalued. The current stock price of €22.02 is trading 49.1% below its estimated GF Value™ of €43.22. GuruFocus considers Edenred SE to be Possible Value Trap.

Key valuation signals for HAM:QSV:

  • ROCE %: 31.60%
  • GF Value™: €43.22 vs. price of €22.02 (49.1% below fair value)
  • GF Score™: 93/100 with 4 warning signs
  • Industry Position: 813.3% above the Credit Services median

No single metric tells the full story. See the HAM:QSV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Edenred SE Business Description

Address 14-16 Boulevard Garibaldi, Issy-les-Moulineaux, Paris, FRA, 92130
Edenred is a France-listed prepaid corporate services provider operating in 45 countries. The company was listed in 2010 following a spinoff from hotel group Accor. Edenred's main business, Ticket Restaurant, offers prepaid meal vouchers that employers provide their employees as an additional benefit. The company is also involved in other areas, such as prepaid fuel cards and payment and expense management systems. Edenred is also moving beyond its historical services, adding well-being, gift, EV, toll, and business-to-business accounts payable automation services.
93GF Score

Get the complete analysis for HAM:QSV

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€22.02
Price
€43.22
GF Value